RATE Group | July Roundup: Cryptocurrency Winners and Losers
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July Roundup: Cryptocurrency Winners and Losers

03 Aug July Roundup: Cryptocurrency Winners and Losers

Posted at 15:20h in Cryptocurrency News by

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Top performing cryptocurrencies were Bitcoin, Stellar, and Zcash while Binance Coin, Tezos, OmiseGO and Qtum were the biggest losers.

As another month passes in crypto land it is time to look back at the best and worst performing cryptocurrencies in July. Following the yearly lows in June things promised to be more positive in July. Total market capitalization climbed 14% from $257 billion to $293 billion by the end of the month. The first half of the month was in a down trend with a low of $243 billion on the 13th, this was followed by rally that took total market cap back over $300 billion for the first time since mid-June.

market cap july 2018

The charge has been largely the work of Bitcoin which has gained around 28% over the month. It started out trading around $6,400 and surged to a high of $8,345 before correcting to $8,180 by the end of July. The significant thing to note, however, is the rise in BTC market dominance as its price climbed at the expense of all of the altcoins. By the end of July…

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